Meaning PASS-THROUGH COUPON RATE: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees
More terms such as Pass-through coupon rate in Dictionary P.
- Definition Plowback Rate:
- Examples Related: Retention rate pass-through coupon rate definition.
- Definition Performance Fund:
- Examples A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk pass-through coupon rate explain.
- Definition Precedence:
- Examples system of priorities of trades in an exchange. For example, the highest bid and lowest offer have highest precedence; the first bid or first offer at a price has highest priority, and large orders pass-through coupon rate what is.
- Definition Protective Covenant:
- Examples A part of an indenture or loan agreement that limits certain actions a company may take during the term of the loan to protect the lender's interests pass-through coupon rate meaning.
- Definition P & I:
- Examples Stands for principal and interest on bonds or mortgage-backed securities pass-through coupon rate abbreviation.